Suggestions




·

Dollar Rate Closes At N1,454/$ In Official Window

December 8, 2025
by
Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

In the Nigerian foreign exchange market (NFEM), also known as the official window, on Monday, December 8, the United States dollar (USD) traded flat at N1,454 per $1, the same foreign exchange (FX) rate reported on Friday, December 5.

Before the exchange rate closed at N1,454/$1, the American greenback had traded as high as N1,457/$1 and as low as N1,450.25 kobo per dollar during trading.

Join our WhatsApp Channel

According to the NFEM data obtained from the Central Bank of Nigeria (CBN), the naira was also relatively stable against the pound, as the Nigerian and British currencies traded at N1,934.08/£1, compared to Friday’s N1,934.78 kobo per £1.

However, the naira depreciated by 0.11 percent in value against the euro, as the exchange rate for the European currency rose to N1,690.54 kobo/€1, from N1,688.58 kobo per €1 — indicating a marginal increase of N1.96 kobo.

In the parallel market, the naira to dollar exchange rate was N1,475/$1 on Monday, slightly above the N1,474 per USD reported on Friday, indicating the Nigerian currency depreciated marginally by 0.06 percent.

Also, the British pound traded flat against the naira at N2,204.4 per £1, and the European currency traded flat at N1,853.7 per €1.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline), email: editor@primebusiness.africa and publisher@primebusiness.africa

+ posts

Prime Business Africa

Leave a Reply

Your email address will not be published.

Related Posts

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.
Previous Story

NGX Market Cap Rises By N240bn, Morison Leads Top Gainers

Mokwa Flood: Niger Govt Under Fire For Seeking Financial Help Despite Receiving $10m W’Bank Grant
Next Story

Governor Bago Welcomes 100 Freed St Mary’s Students Amid Ongoing Search for Remaining Captives

Featured Stories

Related Posts

Latest from Business

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.
Previous Story

NGX Market Cap Rises By N240bn, Morison Leads Top Gainers

Mokwa Flood: Niger Govt Under Fire For Seeking Financial Help Despite Receiving $10m W’Bank Grant
Next Story

Governor Bago Welcomes 100 Freed St Mary’s Students Amid Ongoing Search for Remaining Captives

Don't Miss

FIFA Moves Ghana Versus Nigeria World Cup Playoff To New Venue

The first leg of the 2022 FIFA World Cup playoffs
Democracy Day: Nigeria Still In Search Of Credible Electoral System – Obi

Obi Files Petition, Seeks Cancelation of Feb 25th Presidential Poll, Tinubu, Shettima’s Disqualification

Labour Party (LP) presidential candidate, Mr Peter Obi, has formally